Arbol and The Institutes RiskStream Collaborative have introduced the dRe Lifecycle Dashboard, an AI and blockchain-driven parametric insurance platform. The smart contract-based system automates claims, enhances transparency, and utilizes data from dClimate and Chainlink’s oracle network for parametric loss calculations in severe storm catastrophe transactions. The platform’s adaptability positions it as a game-changer in the insurtech landscape.
Search Results for: Arbol
Revolutionizing Parametric Insurance with AI and Blockchain: The dRe Platform Debate
Arbol’s dRe platform offers AI and blockchain-driven parametric insurance for reinsurance, targeting severe storm catastrophes. Leveraging dClimate’s weather data and Chainlink’s oracle network, the platform automates claim initiation, notifications, and loss calculations for faster payouts and improved transparency, aiming to revolutionize the reinsurance market.